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Nat2105 [25]
3 years ago
10

When an entire job is broken down into a number of steps, rather than being done by one individual, and each step is completed b

y a separate individual, it is called:?
Business
2 answers:
wolverine [178]3 years ago
8 0

Answer:

Division of labor

Explanation:

Division of labor is a system of  breaking down a work process into different tasks where each task is handled by different individuals .

Advantages of this system includes

  • High productivity and efficiency
  • Higher profit due to reduced cost of production
  • It also encourage economy of scale.
  • Improved quality of outputs as continuous stay on a role leads to improved skills.

Dis advantages are

  • Monotony
  • Lack of job pride could occur with time
  • Failure of a unit of production will cause a chain effect on others.
iragen [17]3 years ago
7 0

The correct answer is work specialization. This is also known as division of labor in which this is being referred in regards with the degree of an organization that are likely to have a division of individual task into separate jobs.

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Resources are the assets, capabilities, processes, information, and knowledge that an organization uses to improve it's effectiveness and efficiency, to create and sustain competitive advantage, and to fulfill a need or solve a problem.
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3 years ago
The objectives of U.S. monetary policy are to achieve​ ______.
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Answer:

A. maximum employment and stable prices

Explanation:

The Fed has various roles. Among its key objectives is to monitor the economy to ensure maximum sustainable economic growth. To achieve this growth, the Fed uses different monetary tools to regulate inflation and influence unemployment levels.

The Fed receives economic data from other government agencies that help it determine the appropriate cause of action. For example, if the bureau of labor statistics reports a high level of unemployment, it could mean the economy is slowing down. The Fed then applies expansionary policies to stimulate growth.  If inflation is low or very high, it affects price stability. The Fed has tools to regulate inflation.

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3 years ago
A company purchased a weaving machine for $206,520. The machine has a usedul life of 8 years and a residual value of $11,000. It
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Answer:

The amount of depreciation expense that should be recorded for the second year is $28,600

Explanation:

The computation of the depreciation per units or bolts under the units-of-production method is shown below:

= (Original cost - residual value) ÷ (estimated production bolts)

= ($206,520 - $11,000) ÷ (752,000 bolts)

= ($195,520) ÷ (752,000 bolts)

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4 0
3 years ago
In 1931, President Herbert Hoover was paid a salary of $75,000. Government statistics show a consumer price index of 15.2 for 19
uranmaximum [27]

Answer:

B) $1,132,895

Explanation:

If the CPI = 15.2 in 1931, and in 2012 it was = 229.6, then President Hoover was making a fortune = (229.6 / 15.2) x $75,000 = $1,132,895, and he was a terrible president, one of the worst ones in all history.

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3 years ago
What are the three questions you need to ask yourself before you start investing
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Explanation:

Is the seller licensed?

Is the investment registered?

How do the risks compare with the potential rewards?

Do you understand the investment?

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2 years ago
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